andriajah Fri Jun 2023 1 year ago
The actual accounting cycle concept (beginner must watch)
The accounting cycle consists of interrelated stages so if you want to master the basic accounting science well, then you should understand the relationship or link between stages in the accounting cycle.
The accounting cycle stage begins with an analysis of proof of financial transactions, this is because the recording process in accounting can be carried out after financial transactions, from financial transactions that emerge, proof of financial transactions, now the proof of financial transactions is the input of the accounting process as a step out of the output is the financial statements.
To study the accounting cycle of service companies in order (systematic) please watch the following videos one by one so that you master all service accounting materials correctly:
1 How to create a general journal of service companies: https://youtu.be/svqjnvbix_e
2 Ways to Make a Big Book: https://youtu.be/6la88g7v7k4
3 How to Arrange a Balance Sheet: https://youtu.be/c9-_n5h8_aw
4 Ways to Make a Service Company Adjustment Journal: https://youtu.be/5mpr1vatwvo
5 Ways to Post adjustment journals to the ledger: https://youtu.be/2lbdpx-uhja
6 Ways to Make a Workshop Balance: https://youtu.be/2i5wfeztviy
7 Ways to Make Financial Statements for Service Company: https://youtu.be/6zahlnzkk
8 Ways to Make Cash Flow Reports: https://youtu.be/EFG46F14ZM8
9 Ways to Create a Closing Journal: https://youtu.be/nim5dn-rsjc
10 Ways to Post Closing Journal to Ledger: https://youtu.be/f9zb47tvk-u
11 How to Arrange the Balance Sheet After Closing: https://youtu.be/zpkms5tcua8
12 How to Make a Reverse Journal: https://youtu.be/ylou2zdhtd6y
13 Ways to Post Reverse Journal to the Book: https://youtu.be/c7hro0iydm8
14 How to compile a trial balance after reversing: https://youtu.be/8wsrumjqtme
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For those of you who prefer to learn accounting by reading rather than viewing video tutorials, please read the discussion of complete accounting material on our site
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